Textile association calls for halt to polyester probe<\/p>\n
Sari P. Setiogi, The Jakarta Post, Jakarta<\/p>\n
The Indonesian Textile Association (API) has asked the
\nIndonesian Anti-Dumping Committee (KADI) to terminate its
\ninvestigation into polyester stable fiber imports from Thailand,
\nSouth Korea and Taiwan.<\/p>\n
API said in a statement on Monday the firms that had asked for
\nthe investigation failed to meet the legal requirements in filing
\ntheir request, and could not prove that the imports had caused
\nlosses to the domestic industry.<\/p>\n
The petition for the investigation was filed by Tifico,
\nIndorama and GT Petrocham with the Indonesian Synthetic Fiber
\nAssociation in July.<\/p>\n
API said that polyester stable fiber exports from Indonesia
\nincreased by 138 percent in 2002 from 1999.<\/p>\n
In 2002, imports from Thailand, South Korea and Taiwan
\naccounted for just 4.5 percent of total supplies in the domestic
\nmarket, the association said.<\/p>\n
In view of this, API said, claims that the imports caused
\nlosses to the domestic industry were baseless.<\/p>\n
Furthermore, both Tifico and Indorama import similar products
\nfrom affiliates in Thailand and South Korea, API said.<\/p>\n
As such, the companies cannot call themselves \"local firms
\nthat have suffered losses caused by polyester stable fiber
\nimports from Thailand, South Korea and Taiwan\".<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/textile-association-calls-for-halt-to-polyester-probe-1447893297",
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"sponsor": "Okusi Associates",
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